Jumpy Guy
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| posted on 14/1/09 at 12:19 PM |
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build up insurance - valuation
Now that the end of the build is near (ahah ha ha ha...... sorry, will stop joking now...)
I'm in the process ofgetting some build insurance.
Insurance company wants a valuation.
it would be appreciated if anyone could suggest any guide prices. whats it worth?
Scratch build chassis, with MK indy rear end, ZZR1200 engine, Wilwoods
Driveable but no SVA.. yet
[Edited on 14/1/09 by Jumpy Guy]
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londonsean69
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| posted on 14/1/09 at 01:05 PM |
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Ask yourself what it would cost to replace.
Either, by buying another of similar spec, or the sum of the parts.
You'll end up with 2 different figures, and 2 different insurance quotes
Sean
[Edited on 14/1/09 by londonsean69]
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Dangle_kt
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| posted on 14/1/09 at 05:14 PM |
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I put down £7500 including tools, mine is a locost, and I valued it at worst case scenario time, of just post SVA but pre registration with all my
tools/welder going too.
It is over optimistic, but last thing I'd want is the insurance co to undervalue, and me have shot myself in the foot by not having a high
enough coverage to get my money back.
Only £75 for the year, and covers me for trailering it places too.
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londonsean69
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| posted on 14/1/09 at 05:51 PM |
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Dangle, out of interest, who was it with?
Sean
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